Despite the pause this month, the Fed is still expected to resume rate cuts later this year, aiming to hit 2.5% or lower by ...
Right now, there are 1-year certificates of deposit (CDs) that pay rates of 4.00% or more. If you open a short-term CD like a ...
It’s often a better deal for consumers to pick a long-term certificate of deposit and pay an early withdrawal penalty than ...
The Federal Reserve’s decisions to raise or lower its benchmark rate can have significant effects on savings products, ...
Certificates of deposit offer decent interest rates right now. But for most people, there are two better alternatives. Find ...
If you have idle funds you want to keep accessible, you can still put the money to work earning a great return. We lay out ...
Market-linked CDs offer FDIC protection and potential growth tied to market performance. Find out how they work and if ...
A no-penalty CD can still be valuable, on the other hand, for those savers who want to lock in a fixed return, even if they're not sure of their ability to keep the funds intact for the full term.
JPMorgan Chase's Q4 earnings exceeded expectations, with a stable net interest yield. Read why JPM's Series DD and GG ...
CDs traditionally lack liquidity, which can be a huge drawback. If you're afraid of being stuck paying early withdrawal penalties in case of an emergency, no-penalty CDs can help you avoid that risk.
Other CD terms saw similar increases during the same time frame, including two-year CDs and five-year CDs. The average rate for the former increased from 0.17% to 1.45% and from 0.28% to 1.32% for ...